Company profile

Vastned Retail is a European listed property company focusing on the best retail property on the popular high streets of selected European cities with a historic city centre, also referred to as « core city assets ». Vastned's tenants are strong and leading international and national retailers. By investing in historic city centres Vastned Retail contributes to the preservation of the cultural heritage in these city centres. Vastned also provides a positive contribution to the liveability and safety in city centres by creating and renovating residential space above retail units. In this way, the company endeavours to create long-term value for its shareholders, tenants, employees and society as a whole. At year-end 2018, the value of the portfolio was approximately EUR1.6 billion and comprised 82% core city assets. The remaining part of the portfolio is defined as mixed retail locations, and consists of Belgian « baanwinkels », supermarkets and high street shops in smaller cities, mainly in the Netherlands and Belgium.

Source: Cofisem - Last Update: 06 Aug 2019
Key Executives
Chairman of the Management Board Taco de Groot
Member of the Management Board Ronald Beemsterboer
Member of the Management Board Peggy Deraedt
Member of the Management Board Ingeborg van t Woud
Member of the Management Board Nathanaël P. Van Twillert Msc
Member of the Management Board Reiner Walta
Company Secretary Ingeborg van t Woud
Chief Financial Officer Reinier Walta
Investor Relations Ronald Beemsterboer
General Counsel Peggy Deraedt
Source: Cofisem - Last Update: 06 Aug 2019
Key figures
Millenium 2018 2017 2016 2015 2014
Gross rental income 77,060 77,480 89,469 93,174 96,397
Income from ordinary activities 77,060 77,480 89,469 93,174 96,397
Charges directly allocated to real estate, contracts 124 143 154 149 797
Result from divestment of real estate 201 -1,891 -4,503 2,704 -2,606
Operating income 75,072 123,844 50,920 103,133 73,367
Cost (net) of financial indebtedness -19,637 -20,249 -24,693
Equity-accounted companies' contribution to results
Net profit from discontinued activities 1,657
Net income 43,594 106,609 33,517 70,754 38,789
Net income (Group share) 41,095 94,645 26,431 65,471 31,706
Fiscal year end 12.18 12.17 12.16 12.15 12.14
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards
Source: Cofisem - Last Update: 06 Aug 2019
Shareholder information
A. van Herk 24.98 %
Citigroup Inc. 9.96 %
Blackrock Inc 4.65 %
Baillie Gifford 3.04 %
Société Fédérale de Participations et d'Investissement 3.02 %
M. Ohayon 2.87 %
Source: Cofisem - Last Update: 19 Feb 2019

Address

Vastned Retail N.V.

7 de Boelelaan
PO Box 22276
NL-1100 CG Amsterdam
Netherlands
Phone number: +31 20 24 24 300
Fax: +31
Source: Cofisem - Last Update: 06 Aug 2019

Contact

Ronald Beemsterboer
Phone number: +31202424368
Source: Cofisem - Last Update: 06 Aug 2019